Premium Bond Winner ?

grumpyoldgit_2

Wife has full holding bought in Sept - her winnings so far in the 2 eligible draws
Nov - £150
Dec - £250

innovate

gizzmo wrote:

Does this mean that I am more lucky than most?

Could well be. Especially since you also know someone who won £10K.
:xmassmile :xmassmile

Roll on that January draw!!!

Halaku

Well according to the website, the odds of winning a prize is 24,000 to 1. Assuming that refers to the draw each month, investing £6,000 will mean you will be statistically likely to win once every four months, or three times a year. That is £150 a year. On the other hand, if you put it into a 5% savings account, you'd earn £300, minus tax. Not really worth it when you look at it that way, but still even a with a (hypothetical) £1 bond, you would have a bigger chance of winning the million bond prize than matching 6 balls on the national lottery...

trademark

holding is now £11,200 .... come on ernie ...please do me a big favour next week ..

dont fancy working anymore

Halaku

If I were you, I'd quit while I was ahead and stick the sum in a high interest savings account.

ariba10

I wonder how many smaller prizes they took out of the prize list to make the second million pound prize.

trademark

haluka , im fully invested elsewhere so your comments are slightly ill informed really , also i didnt think a high interest savings account existed anymore ....in fact i know it does not .

[Deleted User]

Thank you all; I may will buy £100 pounds per months

Paolo

tracy1_2

£1000 held since Aug 04 - won £50 two weeks ago - so very happy bunny!

pkrnts

Halaku wrote:

That is £150 a year. On the other hand, if you put it into a 5% savings account, you'd earn £300, minus tax.

But if you pay 40% tax on interest I'd much rather go for the bonds.

Bonds pay 3%
Savings say, 5%.

£10,000 Bonds = £300/yr
£10,000 Savings = £500/yr - £200 tax = £300/yr!